New Forest Ribbon
New Forest

15/07/2020

The Chancellor’s Summer Statement

The main thrust of his statement was to introduce measures intended to avoid widespread redundancies when the current furlough scheme comes to an end in November. There was also welcome news for the hospitality sector with the temporary reduction in the VAT rate to 5% and the 50% discount for food in catering establishments in August.

For further information see our Guide.

Latest Tweets

The 5th and final SEISS grant is now available and can be claimed for the period of May to September 2021. https://bit.ly/2UpkqJf

UK retailers who rely on online sales with EU consumers will need to comply with new VAT rules effective from this month, in an effort to stop annual VAT fraud by non-EU ecommerce sellers https://bit.ly/3eGrxUq

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.